Oklahoma's Latest Farm
And Ranch News
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Dr. Derrell Peel Shares Regional Feeder Cattle Prices |
Dr. Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist, offers his economic analysis of the beef cattle industry as part of the weekly series known as the “Cow Calf Corner,” published electronically by Dr. Peel, Mark Johnson, and Paul Beck. Today, Dr. Peel shares regional prices of feeder cattle.
Cow-calf production is widespread across the country. According to the Cattle report for January 1, 2025, the five largest beef cow states have 39.1 percent of the total beef cow herd but a total of 18 states have at least 2 percent of the total beef cow inventory. The majority of calves move to the middle of the country as stocker or feeder cattle and are assembled into larger groups, culminating in relatively concentrated feedlots. The top five cattle feeding states have 71.9 percent of total cattle on feed. Most feeder cattle change hands at least once to as many as four or five times, by the time they are finished in the feedlot. Feeder cattle prices are the thread that connects and coordinates production and marketing between sectors that frequently have no contact beyond market transactions.
Feeder cattle prices around the country reflect local supply and demand conditions and the economic process of moving cattle to the middle of the country, where feedlot production is concentrated. The average price of 500-pound, M/L, No. 1 steers in selected states for the first three weeks of April range from a high of $410.01/cwt. in Nebraska to a low of $362.66/cwt. in Mississippi, a spread of 11.5 percent from high to low. It is generally true that the highest feeder cattle prices will be in Nebraska with prices declining in all directions away from Nebraska.
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| Podcasts From Oklahoma Farm Report and More | |
Two of our regular reports are also podcasts that you can subscribe to- Our daily Farm and Ranch News with KC Sheperd- available here on the Apple Podcast Platform
The second is our daily Beef Buzz with Ron Hays- available here on the Apple Podcast Platform
Periodically- we offer interviews on our Ag Perspectives Podcast series- this podcast is available here.
Ron has also has a series of podcasts from interviews with newsmakers at the Cattlemen's Congress- Click here or you can find them on your favorite Podcast platform- look for them by searching for Cattlemen's Congress Conversations.
We are making plans to jump back into regular installments of what has been called the Road to Rural Prosperity- a new name and fresh content is in the works- for now- click on the blue button below for one of our favorites that is a timeless classic.
The link below is one of our most recent podcasts- Ron spotlighting the Life and Times of John Pfeiffer, Jr, the latest Oklahoma Ag Hall of Fame Inductee.
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Our thanks to Midwest Farms Shows, P & K Equipment, Oklahoma Farm Bureau, Great Plains Kubota, Stillwater Milling Company, National Livestock Credit Corporation, Oklahoma Beef Council, Stewart Martin Kubota, Oklahoma Pork Council, Oklahoma Wheat Commission, Oklahoma AgCredit, the Oklahoma Cattlemens Association, and KIS Futures for their support of our daily Farm News Update.
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God Bless!
Reach Out To Us:
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Tim West
President/General Manager
Rural Oklahoma Networks
405-317-6361
***************
Mike Henderson
Executive Director of
Hilliary Media Group
405-615-4922
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KC Sheperd
Farm Director
Radio Oklahoma Ag Network
405-443-5717
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Ron Hays
Senior Farm/Ranch Broadcaster
Radio Oklahoma Ag Network
405.473.6144
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